Law Blog Categories

more
Law Firms in Dubai
11 Jan 2024

Saudi Arabia’s Proposed New Zakat and Tax Procedures Law

Saudi Arabia’s Proposed New Zakat and Tax Procedures Law In a significant stride towards economic diversification and in line with its Vision 2030 initiative, Saudi Arabia is poised to enact substantial reforms to its income tax and zakat regulations. The proposed Draft Laws aim to create a more welcoming business…

Read more
Law Firms in Dubai
01 Jan 2024

UAE Corporate Tax 2023

UAE Corporate Tax 2023 The introduction of the UAE Corporate Tax law is poised to bring about substantial transformations in the landscape of UAE Tax and Transfer Pricing. The primary objective of the law is to focus taxation on business or business-related activity income, safeguarding personal income especially derived from…

Read more
taxation Laws in Qatar
20 Nov 2023

Income Tax Amendment in Qatar

Income Tax Amendment in Qatar The purpose behind the amendments is to adjust the Income Tax Law with worldwide standards and best practices. It is expected that amendments to the Executive Regulations (ER) will be published soon, which will incorporate further insights about the new amendments to the Income Tax…

Read more
Criminal Lawyers in Dubai
27 Dec 2021

Economic and Fraud Provisions in the Middle East

Economic and Fraud Provisions in the Middle East “There is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game, which is to say, engages in open…

Read more
Lawyers in Dubai
27 Aug 2021

Transfer Pricing Regulations in the Middle East

Transfer Pricing Regulations in the Middle East The Transfer Pricing is a common mechanism which the countries use to transfer the tax base. The transfer is often from countries with high taxation to countries with low taxation. Transfer Pricing deprives states of their fair share of taxes from global corporations. In…

Read more
Lawyers in Abu Dhabi
23 Jul 2021

UK Tax Considerations for Short Term Business Visitors

UK Tax Considerations for Short Term Business Visitors Short-term business visitors are people who do not live in the UK but who make business trips to the UK and who works for a UK firm and/or are directors of UK companies; the tax position of the individual in the UK…

Read more
Lawyers in Abu Dhabi
20 Apr 2021

Income Tax Law in Israel

Income Tax Law in Israel Residents in Israel are taxed on their worldwide earnings. Non-residents are entitled to income tax on income earned in Israel and capital gains tax on capital gains on properties located in Israel (subject to special non-resident exemptions). Income tax, capital gains tax, value-added tax, and…

Read more
Lawyers in Abu Dhabi
14 Feb 2021

Guide on Avoidance of Double Taxation (DTAA) – UAE & India

Guide on Avoidance of Double Taxation (DTAA) – UAE & India Introduction  Benjamin Franklin once said, there are two things you cannot avoid; death and taxes. In a country like the UAE, where tax is almost invisible, corporate tax is levied on oil companies and foreign banks as part of…

Read more
Lawyers in Dubai
07 Feb 2021

Amendment of Income Tax Act– Singapore

Amendment of Income Tax Act– Singapore What is the Tax System in Singapore? The tax revenue collection in Singapore includes corporate tax, personal tax, Goods & Services tax, and property tax. The tax system in Singapore is one which many countries thrive on echoing as it is known for being…

Read more
Financial Lawyers in India
14 Jan 2021

Goods and Services Tax in India

Goods and Services Tax in India  The goods and services tax is an indirect tax that is applied on the consumption, sale or manufacture of goods and services. The GST is charged on the supply of goods and services in the territory of India. The Central Goods and Services Tax Act in India…

Read more
Lawyers in Dubai
05 May 2020

An overview of the applicability of VAT legislation

An overview of the applicability of VAT legislation A Achar Value Added Tax (VAT) was introduced in the United Arab Emirates upon the issuance of Federal Decree Law Number 8 of 2017 and was implemented just as the year 2018 was heralded. Value Added Tax is the tax on the…

Read more
Lawyers in Abu Dhabi
22 Dec 2019

Value Added Tax Penalties in the United Arab Emirates

Value Added Tax Penalties in the United Arab Emirates Abstract: Value Added Tax (VAT) is an indirect tax levied on consumption or the use of goods and services at each stage in the chain of its production and distribution; from raw material to its final sale based on the price…

Read more
Lawyers in Dubai
22 Sep 2019

Lights, Camera, Taxation!

Bollywood Deals: Music Meets Dance Who isn’t a fan of Dilwale Dulhaniya Le Jayenge? The lens takes us to the romance set in the mountains of Switzerland to a typical wedding household in India with dance, music, drama, and emotion. Bollywood is one of the most prolific centers of film…

Read more
taxation lawyers in UAE
16 Sep 2019

BEPS (OECD?) - Changes to Taxation of International Business

BEPS (OECD?) - Massive Changes to Taxation of International Business I. Introduction BEPS stands for ‘Base Erosion and Profit Shifting.’ The BEPS plan was launched during the 2008 global reccession. The notion behind this launch was threefold: Firstly, to revise the international tax structure; Secondly, to align the framework with…

Read more